Frequently asked questions
Mortgage stuff can be overwhelming, we know that all too well. Take a look at frequently asked questions
1. Should I refinance?
There are three primary reasons a homeowner would refinance their already existing mortgage loan.
- Lower their rate
- Shorten loan terms
- Turn home equity into cash
2. How does the pre-approval process work?
3. Do I need a home appraisal?
4. What are mortgage points?
5. What is the difference between interest rate and an APR?
6. What’s included in closing fees/costs?
7. What is prepaid interest?
8. What is PMI?
9. DO I need a down-payment?
